Coinbase Expands Crypto Derivatives Products with Solana and Hedera Futures

Coinbase has announced the introduction of new crypto derivatives products, expanding its reach in the market with the launch of futures contracts for Solana (SOL) and Hedera (HBAR). This move aims to provide users with more options for strategic trading and deepen the company’s presence in the crypto derivatives space.

New Futures Contracts and Trading Options

The new contracts include:

  • Solana (SOL) Futures with 100 SOL per contract
  • nano Solana Futures at 5 SOL per contract, designed for smaller traders
  • Hedera (HBAR) Futures available at 5,000 HBAR per contract

These contracts are part of Coinbase’s efforts to diversify and expand its futures market, offering users more choices for trading and investment strategies.

Regulatory Approvals and Institutional Access

Coinbase Derivatives, LLC now offers CFTC-regulated futures for SOL and HBAR, bringing more institutional-grade crypto products to the U.S. futures market. The company’s regulatory approvals from the U.S. Commodity Futures Trading Commission provide a secure and compliant environment for traders and investors.

Coinbase Financial Markets, the company’s fully regulated Futures Commission Merchant, will provide institutional clients with the necessary tools to effectively manage their digital asset exposure.

EURC-USDC Perpetual Futures and Increased Trading Flexibility

In addition to the new futures contracts, Coinbase is introducing perpetual futures for EURC-USDC on its International Exchange. These contracts will be available with up to 20x leverage, providing traders with enhanced capital efficiency and flexibility in global markets.

With these additions, Coinbase now offers a total of 19 different futures contracts, including those for major assets like Bitcoin, Ethereum, and Dogecoin.

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